Now that we’re in a new month, it’s a good time to take a look at current interest rates in South Dakota.
South Dakota Banking Rates has compiled a list of the best interest rates in the city for savings accounts and certificates of deposit. Find out if your accounts measure up or if it’s time to open a new one with a better rate. 
CD rates in have remained relatively steady over the past month, but there has been some movement. For anyone searching for the best CD rates today, below is a list of the top offers from banks and credit unions in , South Dakota:
Highest 6-Month CD Rates
- Black Hills Credit Union: 1.85%
- Turtle Creek Credit Union: 1.84%
- Rapid City Telco Credit Union: 1.76%
Top 12-Month CD Rates
- Black Hills Credit Union: 2.3%
- Rapid City Telco Credit Union: 2.22%
- Rushmore Electric Credit Union: 2.1%
Best 24-Month CD Rates in
- Black Hills Credit Union: 2.4%
- Rapid City Telco Credit Union: 2.37%
- Turtle Creek Credit Union: 2.32%
Please note that these rates are accurate as of the publish date but are subject to change at any time in the future.
If you live in the state of South Dakota and are thinking about opening a 2 Year CD account, there are certain account characteristics you’ll need to consider before choosing the best account for you. Things like the minimum balance required and term length of your CD are important, but the interest rate you’ll earn is at the top of the list.
Longer term lengths generally yield higher CD rates, which is why a 24-month CD is a great investment option. That doesn’t necessarily mean every 2 year CD rate is good, however. South Dakota Banking Rates can help familiarize you with the rates available in state and find the rates that are truly competitive for the area. 
South Dakota Banking Rates wants to help you save money on all your biggest financial commitments. Maybe you want a bigger home, or even a second one in the Black Hills. We can assist you in finding the right rates for your budget. Some rates include:
- South Dakota mortgage refinance rates
- South Dakota CD rates and savings account rates
- More bank rate information available from US Banking Rates
No matter how much money you earn or how strong your credit history may be, South Dakota Banking Rates could help you find the right rate information for your needs. Our trusted network of South Dakota bank lenders and mortgage providers is eager to share their expertise with you. It’s all done from the convenience of your home – and best of all, it’s free. 
A clear advantage of investing in CD‘s is that CD Rates are fixed, meaning you lock in an interest rate for the entire term of the CD, and it does not change. When interest rates are dropping, your CD stays at a higher rate. If you money is in a savings account, or interest paying checking account, your interest rate will drop daily, if rate are falling. Learn from South Dakota Banking Rate partners if rates are falling or rising, and make the right choice to earn more money.